HDR hardman resources limited

re: cazenove - report Oilseap, Short sellers have cornered...

  1. Conix_Vale
    438 Posts.
    clock Created with Sketch.
    16/06/05
    07:23
    Post #: 949024
    re: cazenove - report Oilseap,

    Short sellers have cornered themselves by selling 4.99 million shares in HDR as at the close of trade yesterday. Their liability is $499,000 for each 10 cents move up in HDR. Looking at your valuation of $3.99 per HDR share and realising that even this is based on the lowest oil reserves that one can sensibly estimate, the shorts are going to pay a premium to re-purchase.

    Cazenove will be buying against them.
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS La Negra delivers growth with exceptional silver equivalent drill results
right-arrow Created with Sketch.
NEWS Exploration drilling confirms large gold system at Abercromby Gold Project
right-arrow Created with Sketch.
NEWS Thick zone of high-grade gold mineralisation intersected at Fairview South
right-arrow Created with Sketch.
NEWS Anson Progresses POSCO Due Diligence with Bulk Green River Brine Shipment to Korea
right-arrow Created with Sketch.
NEWS Johns Lyng Group enters scheme implementation deed with PEP
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.